Investors check out this turnkey 3 unit cash flow machine!! 529 Park consists of two 1 bed, 1 bath units ($650, $750) on the first floor and one 3 bed, 1 bath unit ($1450) on the second floor. Total monthly gross rent of $2,800. Month to month leases. Historically great cash flow and easy to manage. Longer term tenants in the 1 bed units (5 yrs & 2 yrs) these could be increased to market rate. Owner has a new tenant coming into the 3 bedroom for $1450 on 7/15. Month to month lease. Last tenant was there 10 years! A major remodel was completed in 2013 with all new kitchens, bathrooms, HVAC, water tanks, electrical, plumbing, vinyl windows. Original features also remain with pocket doors, decorative fireplaces, natural woodwork. Additional improvements include new tear off roof in 2010, blown in insulation, maintenance free vinyl siding, aluminum wrapped windows, paved driveway w/ parking for 6+ cars. Property being sold with updated certificate of compliance. 21% cash on cash returns. Snag this $$$ maker for your portfolio!
Sold for $220,000 on 09/15/23
$220,000
529 Park Ave #31, Syracuse, NY 13204
5beds
2,912sqft
Triplex, Multi Family
Built in 1890
-- sqft lot
$263,800 Zestimate®
$76/sqft
$1,875 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 22, 2023 at 08:48am
Listed by:
Brian D Murphy 315-256-8284,
Acropolis Realty Group LLC
Bought with:
Amanda Kondrk, 10401315854
Acropolis Realty Group LLC
Source: NYSAMLSs,MLS#: S1482342
Originating MLS: Syracuse

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air
Appliances
- Included: Electric Water Heater, Gas Water Heater
- Laundry: Washer Hookup
Features
- Ceiling Fan(s), Other, See Remarks, Storage, Natural Woodwork, Programmable Thermostat
- Flooring: Carpet, Hardwood, Tile, Varies, Vinyl
- Windows: Thermal Windows
- Basement: Full
- Number of fireplaces: 3
Interior area
- Total structure area: 2,912
- Total interior livable area: 2,912 sqft
Property
Parking
- Parking features: Paved, Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,464 sqft
- Dimensions: 46 x 139
- Features: Near Public Transit, Residential Lot
Details
- Parcel number: 31150010500000020050000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Triplex
- Property subtype: Triplex, Multi Family
Materials
- Vinyl Siding, Copper Plumbing, PEX Plumbing
- Foundation: Block, Stone
- Roof: Asphalt,Pitched,Shingle
Condition
- Resale
- Year built: 1890
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & neighborhood
Location
- Region: Syracuse
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan